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December 12, 2023 | International, Land

Avolon agrees $18 bln deal for 140 Airbus, Boeing jets | Reuters

Global leasing giant Avolon said on Tuesday it had agreed to order 100 A321neo aircraft from Airbus and 40 737 MAX aircraft from Boeing in a deal its owner said was worth a combined $18 billion at list prices.

https://www.reuters.com/business/aerospace-defense/avolon-agrees-18-bln-deal-140-boeing-airbus-jets-2023-12-12/

On the same subject

  • BAE Systems Receives $33 Million Contract to Produce Long Range Artillery Guidance System

    July 24, 2020 | International, Aerospace

    BAE Systems Receives $33 Million Contract to Produce Long Range Artillery Guidance System

    July 22, 2020 - BAE Systems has received a $33 million multi-year contract from the U.S. Army to further develop its Long Range Precision Guidance Kit (LR-PGK) for 155mm artillery shells, enabling the Army to conduct long range precision strikes in challenging electromagnetic environments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200722005518/en/ LR-PGK is a critical program in the Army's 155mm Extended Range Cannon Artillery (ERCA) munitions suite, designed to deliver accurate, lethal fires at greater ranges than near-peer adversaries. The BAE Systems solution builds on proven, mature technology, offering greater performance than current guidance kits through increased maneuverability and an incorporated anti-jam capability. “We're helping the Army meet its precision strike objectives with this critical long range artillery capability,” said John Watkins, vice president of Precision Strike at BAE Systems. “Our experience in precision guidance, rugged electronics, and artillery platforms has helped us develop a kit that improves mission effectiveness.” Under the new contract, BAE Systems will produce a series of LR-PGK fuzes for live-fire testing, further validating the solution and demonstrating its accuracy and reliability in challenging battlefield conditions. Prior to the award, BAE Systems successfully demonstrated the LR-PGK capability and performance at Yuma Proving Ground in September 2019. The company committed significant investment to deliver on the Army's modernization goals by intentionally designing the LR-PGK's modular architecture for low-cost production and upgradeability. LR-PGK is one of several BAE Systems programs that support Long Range Precision Fires, one of the U.S. Army's top modernization priorities. In addition to designing and manufacturing the M109 family of Self-Propelled Howitzers, BAE Systems has developed and delivered guidance systems for precision munitions for decades and is a major supplier of artillery round explosives and propellants. View source version on businesswire.com: https://www.businesswire.com/news/home/20200722005518/en/

  • Marines looking to integrate new information capabilities

    December 14, 2018 | International, C4ISR

    Marines looking to integrate new information capabilities

    By: Mark Pomerleau The Marine Corps has famously claimed that every Marine is a rifleman, but the Corps has moved 1,000 personnel in the last two years to focus on cyber, electronic warfare, signals intelligence and information operations. These moves have come at the cost of infantry, “a pretty big cost to go pay for the Marine Corps,” Kenneth Bible, deputy director of the C4 directorate and deputy chief information officer, said Dec. 6 at the Charleston Defense Contractors Association Defense Summit. "The commandant really had to go think about taking that out of the structure to create these [units] across the Marine Corps.” Now the Marines are looking to integrate these new units — called Marine Expeditionary Force Information Groups, or MIGs — with traditional formations. The deputy commandant for information, a new three-star position created in 2017 to oversee all aspects of information-related warfare, is overseeing efforts to further develop the groups and integrate them into battle plans. "How does he employ those capabilities as part of an integrated warfare plan? How does he implement a strike package in the information domain?” Bible said. “We really have to figure out how to go make that a relevant force and make it something that the MEF commanders can use.” Bible explained these forces will be able to provide traditional military information support operations, psychological operations, military deception, or cyber to fight in the information environment. An operational advisory group met earlier in December with all of the group commanders that focused a lot on how they were maturing capabilities, Bible said. Some of the key questions that still remain surround how to provide intelligence support to cyber, as well as how to incorporate information support capabilities for a more integrated force package, from shaping operations to when operations actually take place. Bible said that Lt. Gen. Lori Reynolds, the deputy commandant for information, has told the organization to start building out exercise plans to work more closely together, adding there will be more specifics to come in the near future. Trident Juncture, NATO-led Trident Juncture exercise in Norway that took place from Oct. 25 to Nov. 7, he said, was a good example of getting limited capability out to commanders to test. New tactical defensive cyber teams participated in the exercise and commanders saw their impact, Bible said. https://www.c4isrnet.com/c2-comms/2018/12/11/marines-looking-to-integrate-new-information-capabilities

  • India's military strength soars with Dhruv deal, countering regional rivals - Army Technology

    March 25, 2024 | International, Land

    India's military strength soars with Dhruv deal, countering regional rivals - Army Technology

    Amid India's efforts towards defence modernisation, a GlobalData analyst highlights the strategic implications.

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